Updated April 28, 2026
Units: 3 · Sale price: $2,365,026 · Price per unit: $788,342 · Closed: February 2022
A 3-unit small multifamily property at 107 N Kings Rd in Fairfax, sold February 2022 for $2,365,026 — approximately $788,342 per unit.
2022 LA multifamily held at peak pricing through mid-year, then began the rate-driven repricing that would define 2023.
Multifamily property in the Sterman Multifamily Group transaction archive.
Small multifamily properties in this range trade primarily among private investors, family offices, and 1031 exchangers.
This transaction is part of the Sterman Multifamily Group closed archive — over fourteen years at Marcus & Millichap.
Michael Sterman, Senior Managing Director Investments at Marcus & Millichap.
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